Bace, Edward; Ferreira, Ana - In: Cogent economics & finance 8 (2020) 1, pp. 1-21
This paper examines the impact of regulatory policies on banking market efficiency using a sample of 678 commercial … Squares method. Focus is on two alternative measures of banking market efficiency: net interest margin and overhead costs … (operating expenses to assets). Elevated levels of these two ratios should indicate a low level of banking efficiency. The …